Federal Reserve
The Federal Reserve started a rate-cutting cycle on Sept. 18, 2025, lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5%. The cut was the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. The Fed cut rates two more times in 2024, each by 25 basis points. It has not cut interest rates so far in 2025.
Latest Posts
Appraisals take center stage in creating emergency relief
Apr 15, 2020In today’s Daily Download episode, HousingWire HW+ Managing Editor Brena Nath discusses newly announced rules from federal regulators which will allow banks to delay property appraisals for as many as 120 days after a mortgage closes. On Tuesday, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp. and the Office […]
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Banks will soon be able to postpone some appraisals until 120 days after a mortgage closes
Apr 14, 2020 -
The Fed is keeping its eyes on mortgage servicers
Apr 10, 2020 -
Here’s why you shouldn’t worry about the miserable inflation report
Apr 10, 2020 -
Fed chairman urges caution on reopening economy
Apr 09, 2020 -
The Industry responds to FHFA Director Mark Calabria’s views on mortgage servicing
Apr 09, 2020 -
Average mortgage rate unchanged at 3.33%, Freddie Mac says
Apr 09, 2020 -
COVID-19 pandemic warranted forceful response, Fed says
Apr 08, 2020 -
MBS Highway’s Barry Habib on the coronavirus mortgage meltdown
Apr 08, 2020 -
Testing is key to restarting the economy, Yellen says
Apr 07, 2020 -
AIME’s Anthony Casa on the mortgage industry’s most pressing topics
Apr 03, 2020